1 Town of Watertown Annual Budget To download this presentation visit our website:

2 AGENDA  FY2010 Budget Update  FY2011 Budget Overview  Revenue and Expenditure Budgets  Revenue and Expenditure Forecast

3 FY 2010 Budget Summary

4 FY2010 Council Reserve Activity

5 Budget Issues Uncertainty of Future Local Aid Economy Driven Revenues Retirement Appropriation Departmental Operating Budgets Shared/Regionalized Services Collective Bargaining Capital Project Funding Reuse of Town Buildings Other Post-Employment Benefits (OPEB)

6 FY2011 Budget Presentation Summary

7 Projected Comparison

8 FY2011 Budget Progression

9 Fiscal Year 2011 Revenues

10 Revenue & Other Sources - General Fund

11 Revenue & Other Sources – General Fund

12 Revenue & Other Sources – General Fund

13 Revenue & Other Sources – General Fund

14 Revenue & Other Sources – General Fund

15 Revenue & Other Sources – General Fund

16 Revenue & Other Sources – General Fund

17 Revenue & Other Sources-General Fund-Summary

18 Fiscal Year 2011 Expenditures

19 FY 2011 Expenditure Budget

20 Group Insurance Commission - Health Insurance

21 FY2011 Expenditure Budget

22 FY 2011 Expenditure Budget

Public Safety Comparison 22a

23 FY 2011 Expenditure Budget

24 FY 2011 Expenditure Budget

25 FY 2011 Expenditure Budget Summary

26 Energy Costs - Electricity

27 Energy Costs - Gas

28 Revenue Forecast – Assumptions  Real Estate and Personal Property taxes  Proposition 2 ½ debt exclusion override  State Aid  Local Receipts  Other Financing Sources  Utilization of Free Cash  Utilization of Overlay Surplus  NESWC Stabilization Fund

29 Revenue Forecast

30 Revenue Forecast

31 Revenue Forecast

32 Revenue Forecast

33 Revenue Forecast - Summary

34 Expenditure Forecast - Assumptions  Departmental Expenditures  Education Appropriation  Snow and Ice Removal  Waste Disposal  State Assessments  Pension Costs  Insurance and Employee Benefits  Debt  Town Capital Projects  Street and Sidewalk Improvements

35 Expenditure Forecast

36 Expenditure Forecast

37 Expenditure Forecast

38 Expenditure Forecast

39 Expenditure Forecast Summary

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